NOT LISTED FOR SALE

1503 NW 40th Place Cape Coral, FL 33993

Burnt Store Neighborhood

Estimated Value: $468,276 - $1,162,000

0.23 Acre
$3,075,300 Price per Acre
10,019 Sq Ft Lot

Last Sold October 23, 2020

Last sale price $18,000

Est. 3,830% increase in value since last sale

Current estimated payment $4,306/month

85 Days on Market

About This Lot

As of October 2020

Welcome to NW Cape Coral. This property features No burrowing Owls and property is cleared. The location of this property is located 2.9 miles away from burnt store boat ramp, 10 minutes away from Matlacha, shopping and groceries. Plenty of new construction in the neighborhood in the ever expanding Burnt Store corridor.

Last Agent to Sell the Property

Victor Persaud

EXP Realty LLC License #488005353 Listed on: 06/29/2020

EXP Realty LLC

Last Buyer's Agent

Jay Garick

Property Details

Property Type

  • Land

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • West Facing Home
  • Rectangular Lot
  • Property is zoned R1-D

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 5241
  • Assessor Parcel Number 01-44-22-C2-05241.0110

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: RV Restriction(s)
  • Direction Faces: West

Utilities

  • Sewer: None
  • Utilities: None, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 01-44-22-C2-05241.0110
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 572.0
  • Tax Block: 5241
  • Tax Lot: 11
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2023
Sold by
Moore Jill L
Bought by
Moore Revocable Trust and Moore
Current Estimated Value
$707,319

Purchase Details

Closed on
Jan 5, 2022
Sold by
Maronda Homes Llc Of Florida
Bought by
Moore Jill Lynn and Moore Kenneth Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,900
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2020
Closed on
Oct 20, 2020
Sold by
Kolrei International Llc
Bought by
Maronda Homes Inc
Seller's Agent
Victor Persaud
EXP Realty LLC
Buyer's Agent
Jay Garick
List Price
$19,500
Sold Price
$18,000
Premium/Discount to List
-$1,500
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
109.94%

Purchase Details

Closed on
Dec 10, 2019
Sold by
County Of Lee
Bought by
Kolrei International

Purchase Details

Closed on
Oct 23, 2015
Sold by
Royal Southwest Holdings Llc
Bought by
Qgp Llc

Purchase Details

Closed on
Sep 17, 2015
Sold by
Cape Lot Owners Llc
Bought by
Royal Southwest Holdings Llc

Purchase Details

Closed on
Nov 18, 2009
Sold by
Hoffman David
Bought by
Cape Lot Owners Llc

Purchase Details

Closed on
Oct 22, 2009
Sold by
Deneweth Marianne
Bought by
Hoffmann David
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moore Revocable Trust $100 None Listed On Document
Moore Jill Lynn $308,900 Steel City Title
Maronda Homes Inc $18,000 Steel City Title
Kolrei International $7,618 None Available
Qgp Llc $115,250 Attorney
Royal Southwest Holdings Llc $87,000 Transaction Title Of Fl Llc
Cape Lot Owners Llc -- None Available
Hoffmann David $6,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Jill Lynn $108,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $18,000 -7.7% --
09/23/2020 09/23/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $19,500 -- --
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,674 $419,544 -- --
2024 $6,674 $407,720 -- --
2023 $5,510 $334,265 $90,493 $243,772
2022 $5,593 $329,770 $15,500 $314,270
2021 $556 $15,500 $15,500 $0
2020 $560 $13,000 $13,000 $0
2019 $572 $15,000 $15,000 $0
2018 $557 $15,000 $15,000 $0
2017 $504 $12,274 $12,274 $0
2016 $464 $11,000 $11,000 $0
2015 $402 $11,600 $11,600 $0
2014 $328 $9,212 $9,212 $0
2013 -- $6,000 $6,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Victor Persaud

    Seller's Agent in 2020

    Victor Persaud

    EXP Realty LLC

    (239) 323-6219

    27 in this area

    302 Total Sales

    Victor Persaud
    Section Image

  • J

    Buyer's Agent in 2020

    Jay Garick

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220040811

Florida Gulf Coast Multiple Listing Service

APN: 01-44-22-C2-05241.0110

Florida Lee County Cape Coral 33993 Burnt Store

1503 NW 40th Place, Cape Coral, FL

This home is located at 1503 NW 40th Place, Cape Coral, FL 33993 since 29 June 2020 and is currently estimated at $707,319. 1503 NW 40th Place is a home located in Lee County with nearby schools including Caloosa Elementary School, Dr. Carrie D. Robinson Littleton Elementary School, and Tropic Isles Elementary School.

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